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		<title>Apple and Nvidia Eye Investments in OpenAI: A Game-Changer for AI</title>
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		<pubDate>Fri, 06 Sep 2024 06:57:01 +0000</pubDate>
				<category><![CDATA[Tech Trends 📡]]></category>
		<category><![CDATA[AI 🤖]]></category>
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		<category><![CDATA[OpenAI]]></category>
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					<description><![CDATA[Nvidia and Apple are reportedly in talks to contribute to OpenAI’s next fundraising round — a round that&#8230;]]></description>
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<figure class="wp-block-image size-large"><img  fetchpriority="high"  decoding="async"  width="1024"  height="576" src="https://cdn.dakidarts.com/image/Apple-and-Nvidia-Eye-Investments-in-OpenAI-A-Game-Changer-for-AI-1024x576.jpg"  alt="Apple and Nvidia Eye Investments in OpenAI: A Game-Changer for AI"  class="wp-image-7168"  title="Apple and Nvidia Eye Investments in OpenAI: A Game-Changer for AI"  srcset="https://cdn.dakidarts.com/image/Apple-and-Nvidia-Eye-Investments-in-OpenAI-A-Game-Changer-for-AI-300x169.jpg 300w, https://cdn.dakidarts.com/image/Apple-and-Nvidia-Eye-Investments-in-OpenAI-A-Game-Changer-for-AI-1024x576.jpg 1024w, https://cdn.dakidarts.com/image/Apple-and-Nvidia-Eye-Investments-in-OpenAI-A-Game-Changer-for-AI.jpg 1200w"  sizes="(max-width: 1024px) 100vw, 1024px" ><figcaption>Apple and Nvidia Eye Investments in OpenAI: A Game-Changer for AI</figcaption></figure>



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<p id="speakable-summary" class="wp-block-paragraph">Nvidia and Apple are <span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.nytimes.com/2024/08/29/technology/apple-nvidia-openai.html" rel="nofollow noopener" target="_blank">reportedly</a></span> in talks to contribute to OpenAI’s next fundraising round — a round that could value the ChatGPT maker at $100 billion.</p>
<p class="wp-block-paragraph">Per its sources, The New York Times says earlier OpenAI investor Thrive Capital would lead the deal should it happen. (<span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.bloomberg.com/news/articles/2024-08-29/nvidia-has-held-discussions-about-joining-openai-s-funding-round" rel="nofollow noopener" target="_blank">Bloomberg</a></span> was the first to report Nvidia’s involvement, and <span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.wsj.com/tech/ai/openai-apple-funding-chatgpt-50754cd6?st=nzji5tlekmk30s1&amp;reflink=article_copyURL_share" rel="nofollow noopener" target="_blank">The WSJ</a></span> broke the story of Apple’s potential interest.) Microsoft — which already owns 49% of OpenAI — may participate as well.</p>
<p class="wp-block-paragraph">OpenAI needs capital. Its annualized revenue reportedly eclipsed <span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.wsj.com/tech/ai/openai-in-talks-for-funding-round-valuing-it-above-100-billion-4f0550c5" rel="nofollow noopener" target="_blank">$3.4 billion</a></span> early this year, but it’s said to be on track to lose <span style="color: #3366ff;"><a style="color: #3366ff;" href="https://www.theinformation.com/articles/why-openai-could-lose-5-billion-this-year" rel="nofollow noopener" target="_blank">$5 billion</a></span> by year-end as it expands its AI training and staffing efforts.</p>
<p class="wp-block-paragraph">OpenAI has ties to both companies. It runs and trains its generative AI models primarily on Nvidia GPUs; meanwhile, Apple earlier this year agreed to integrate ChatGPT into iOS as part of Apple’s forthcoming suite of AI features, Apple Intelligence.</p>
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